The Asian commercial health insurance sector must overhaul its wearable tech strategy and risk segmentation models to curb the mounting chronic disease burden, according to Ms Juliet Khew, General Manager of MSIG Serenity Health Partners.
Asia Pacific is facing its sixth year of double-digit medical inflation this year, with inflation "particularly pronounced in employee benefits", according to Marsh Singapore Health and Benefits, Practice Leader, Richard Cooper.
Insurers and risk managers have to fundamentally rethink how workplace exposure is evaluated and move away from traditional historical loss records toward proactive, operational leading indicators to foster a healthier, safer, and more resilient workforce in an era of rapid operational change.
The insurance market generated total premiums of TRY1.1tn ($22.1bn) in the first nine months of this year, according to statistics released by the Turkish Insurance Association (TSB).
Even as it continues efforts to eliminate cervical cancer, Southeast Asia (SEA) is facing a major challenge.
Total insurance premiums in Azerbaijan in 1H2026 increased to AZN867m ($510m), 6.2% increase y-o-y, as compared to the last reporting period.
Sun Life Financial (Sunlife) has unveiled a refreshed brand, marking a new chapter for the company and reflecting its evolution beyond its traditional roots in life insurance to its expansion of capabilities across asset management, health, wealth and insurance.
Generali's Board of Directors has approved the evolution of the Group's organisational setup, as proposed by the Group CEO, Mr Philippe Donnet, to underpin the final phase of the 'Lifetime Partner 27: Driving Excellence' strategic plan and looking ahead to the next 2028 to 2030 strategic cycle.
ABL Life Insurance has launched a new whole life insurance product designed to provide financial support to policyholders diagnosed with serious illnesses while maintaining death benefits for their beneficiaries.
Hannover Re South Africa has promoted Mr Wesley Clay to the role of CEO, subject to regulatory approval.